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DEAL NOTE: Crowell & Moring Advises GigCapital2, Inc. on $150 Million IPO

New York – June 6, 2019: Crowell & Moring advised GigCapital2, Inc. in its initial public offering of 15,000,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock, one right and one warrant to purchase one share of common stock at a price of $11.50 per share. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “GIX.U” beginning June 6, 2019. GigCapital2 also granted the underwriters a 45-day over-allotment option for the sale of up to an additional $22,500,000 of GigCapital2’s units. Once the securities comprising the units begin separate trading, the shares, rights, and warrants are expected to be traded on the NYSE under the symbols “GIX”, “GIX RT”, and “GIX WS” respectively.

Crowell & Moring served as lead legal counsel to GigCapital2 in this transaction, as well as in the company’s formation. The team included partners Jeffrey C. Selman,  Renée Delphin-Rodriguez, and Charles C. Hwang, counsel Scott Rissmiller, and associate Conner Griffith.

About Crowell & Moring LLP

Crowell & Moring LLP is an international law firm with approximately 550 lawyers representing clients in litigation and arbitration, regulatory, and transactional matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation, as well as its ongoing commitment to pro bono service and diversity. The firm has offices in Washington, D.C., New York, Los Angeles, San Francisco, Orange County, London, and Brussels.


An Pham
Senior Communications Manager